Company Overview - Ring Energy (NYSE: REI) is a Permian exploration and production company operating in the Central (CPB) and Northwest Shelf (NWS) regions [1] - The company has a production rate of 20.1 kboe/d (thousands of barrels of oil equivalent per day) with a liquid mix of 85% and an oil mix of 66% [1] - REI boasts higher-than-peer reserves, indicating a strong position in the market [1] Leadership and Background - Benjamin Halliburton, the founder of Building Benjamins, has a notable background in investment management, having founded Tradition Capital Management in 2000 [1] - Halliburton has been recognized as "PSN Manager of the Decade" for All-Cap in the 2000s and for Dividend Value in the 2010s, showcasing his successful investment strategies [1] - He began his investment career at Merrill Lynch in 1986 and has continuously been involved in the investment sector, earning an MBA with a focus on finance from Duke's Fuqua School of Business in 1990 [1]
Ring Energy Eyes Production Expansion Over The Medium Term